Jeff Yass Susquehanna International Group
Jeff Yass is a co-founder of Susquehanna International Group (SIG), a major global trading and market-making firm. SIG is known for options expertise, quantitative trading, and a training culture grounded in probabilistic decision-making. Yass’s firm is influential across derivatives markets even though it is less of a traditional long-only stock-picking franchise.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$1.79B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$576M |
| 3 |
Microsoft
MSFT
|
+$546M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$436M |
| 5 |
JPMorgan Chase
JPM
|
+$324M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$2.48B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.73B |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$765M |
| 4 |
Apple
AAPL
|
+$656M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$526M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.7% |
| 2 | Consumer Discretionary | 1.66% |
| 3 | Financials | 1.18% |
| 4 | Communication Services | 1.07% |
| 5 | Healthcare | 0.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1076
PUT
Akamai
AKAM
$15.2B
| $44.6M | 0.01% |
495,800
+87,500
| +21% | +$7.5M |
|
1077
PUT
Colgate-Palmolive
CL
$72.8B
| $44.5M | 0.01% |
578,200
-1,125,500
| -66% | -$87.1M |
|
1078
PUT
Chubb
CB
$132B
| $44.5M | 0.01% |
231,200
+96,400
| +72% | +$18.9M |
|
1079
CALL
Tyson Foods
TSN
$20.1B
| $44.5M | 0.01% |
871,600
+100,600
| +13% | +$5.48M |
|
1080
PUT
Academy Sports + Outdoors
ASO
$2.7B
| $44.4M | 0.01% |
821,400
+306,800
| +60% | +$17.6M |
|
1081
PUT
McKesson
MCK
$106B
| $44.3M | 0.01% |
103,700
-93,500
| -47% | -$35.9M |
|
1082
CALL
Affirm
AFRM
$26.1B
| $44.1M | 0.01% |
2,878,900
-752,300
| -21% | -$9.98M |
|
|
WBA
1083
DELISTED
Walgreens Boots Alliance
WBA
| $44M | 0.01% |
1,544,704
+871,103
| +129% | +$28.4M |
|
1084
PUT
Riot Platforms
RIOT
$7.99B
| $43.9M | 0.01% |
3,717,000
+1,876,000
| +102% | +$21M |
|
1085
Veeva Systems
VEEV
$40.1B
| $43.9M | 0.01% |
221,885
+47,586
| +27% | +$8.68M |
|
|
HES
1086
DELISTED
Hess
HES
| $43.8M | 0.01% |
322,381
+102,293
| +46% | +$14M |
|
1087
Centene
CNC
$32.1B
| $43.8M | 0.01% |
649,531
-363,931
| -36% | -$24.3M |
|
1088
PUT
Cummins
CMI
$78.8B
| $43.7M | 0.01% |
178,200
+61,700
| +53% | +$14M |
|
1089
Monster Beverage
MNST
$95.5B
| $43.6M | 0.01% |
1,519,660
-143,366
| -9% | -$4.08M |
|
|
1090
CALL
Riot Platforms
RIOT
$7.99B
| $43.6M | 0.01% |
3,686,900
-995,600
| -21% | -$11.1M |
|
1091
PUT
MGM Resorts International
MGM
$10.9B
| $43.4M | 0.01% |
988,500
-896,600
| -48% | -$38.3M |
|
1092
Simon Property Group
SPG
$70.9B
| $43.2M | 0.01% |
374,336
-139,872
| -27% | -$15.2M |
|
1093
Unity
U
$19.8B
| $43.2M | 0.01% |
995,507
-471,406
| -32% | -$15.1M |
|
1094
Cadence Design Systems
CDNS
$91.4B
| $43.2M | 0.01% |
184,072
+18,057
| +11% | +$3.93M |
|
1095
CALL
Stanley Black & Decker
SWK
$14.9B
| $43.1M | 0.01% |
460,200
+188,100
| +69% | +$15.6M |
|
1096
American Express
AXP
$227B
| $43.1M | 0.01% |
247,507
-3,233,690
| -93% | -$522M |
|
1097
First Citizens BancShares
FCNCA
$24.4B
| $42.9M | 0.01% |
33,445
+8,879
| +36% | +$10.3M |
|
1098
CALL
Wingstop
WING
$3.1B
| $42.9M | 0.01% |
214,300
+55,800
| +35% | +$10.9M |
|
1099
CALL
Paychex
PAYX
$44.5B
| $42.8M | 0.01% |
382,800
-149,300
| -28% | -$16.3M |
|
1100
PUT
Ross Stores
ROST
$77.4B
| $42.8M | 0.01% |
381,800
-38,700
| -9% | -$4.07M |
|
Similar funds
Jeff Yass's Q2 2023 Portfolio in Review
As of Q2 2023, Jeff Yass held 13,811 positions worth $492B, up 4.6% from $470B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Jeff Yass withdrew a net $23.6B in Q2 2023, closing 1,866 positions and reducing 5,559 holdings. Its most notable exit was Vanguard Intermediate-Term Corporate Bond ETF, an estimated $45.5M position sold in full.
By sector, the portfolio is most concentrated in Technology at 2.7% of assets, up from 2.3% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Jeff Yass opened a new position in State Street SPDR Portfolio Aggregate Bond ETF worth $32.9M.
- Jeff Yass's largest Q2 2023 buy was State Street SPDR Portfolio Aggregate Bond ETF: 1,297,445 shares worth $32.9M.
- Jeff Yass added most to NVIDIA in Q2 2023, an estimated $1.79B increase.
- Jeff Yass's biggest Q2 2023 reduction was Invesco QQQ Trust, cutting an estimated $2.48B.
- Jeff Yass fully exited Vanguard Intermediate-Term Corporate Bond ETF in Q2 2023, selling an estimated $45.5M.
- Jeff Yass's ten largest holdings make up 30% of its $492B portfolio in Q2 2023.
- Jeff Yass opened 1,371 new positions and closed 1,866 in Q2 2023.
- Jeff Yass's portfolio value rose 4.6% quarter-over-quarter to $492B.
Based on Susquehanna International Group's 13F filing for Q2 2023, filed 11 Aug 2023.